ASEAN summit, Macao's lonely election, 7-Eleven operator earnings

Your weekly lineup of Asia's biggest business and political events

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Sam Hou-fai, center, the former president of Macao's Court of Final Appeal, looks set to become the city's next chief executive after a one-candidate election. © Reuters

Welcome to Your Week in Asia.

Leaders from the Association of Southeast Asian Nations (ASEAN) meet for a summit in Laos, China's stock markets reopen after a weeklong holiday, and Japan dissolves its lower house of parliament ahead of fresh elections.

Gaming hub Macao holds a one-candidate vote for its next leader, India's central bank wraps up a policy meeting while Samsung and 7-Eleven's owner both post their latest earnings.

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MONDAY

Protests mark one year since Israel attack

Pakistan is expected to see nationwide protests on Monday to mark the one-year anniversary of the start of the Israel-Hamas conflict. The anti-Israel demonstrations are being held by the Muslim-majority nation's major Islamist party Jamaat-e-Islami.

South Korea's Yoon visits Philippines, Singapore

South Korean President Yoon Suk Yeol visits Southeast Asia, stopping in the Philippines and Singapore. In the city-state, he is slated to attend a business forum highlighting economic cooperation and is also expected to speak on issues including Korean unification at a separate lecture.

TUESDAY

China markets reopen

China's mainland stock exchanges reopen after a weeklong holiday. Shanghai and Shenzhen shares rocketed higher just before the break, as Chinese authorities unveiled a series of measures to boost the sluggish economy and markets. Now all eyes will be on whether they can maintain the momentum.

Samsung Q3 earnings

Samsung Electronics posts earnings for third quarter with analysts expecting the tech giant's operating profit to rise by about 6% from the previous quarter to 11 trillion won ($8 billion) thanks to robust demand for its artificial intelligence memory chips. Samsung's stock is underperforming, however, falling more than 20% so far this year due to worries about oversupply in the memory chip market.

Kashmir election

Regional election results are expected from India's northern Jammu and Kashmir region. They were the first polls in the former state -- now a federally-governed territory -- in about a decade and came five years after Prime Minister Narendra Modi's government scrapped its special autonomy status.

Apple-supplier Foxconn hosts annual tech day forum

WEDNESDAY

ASEAN meeting in Laos

Leaders of the ASEAN bloc meet for a three-day summit in the Laotian capital, Vientiane, to discuss economic and security issues. Japan's newly appointed prime minister, Shigeru Ishiba, also joins the meeting to talk about East Asia's role in the Southeast Asian club of 10 nations.

Japan gears up for elections

Japan dissolves its lower house ahead of early elections to be held on Oct. 27, when newly elected Prime Minister Shigeru Ishiba and his ruling Liberal Democratic Party (LDP) look to strengthen their numbers in parliament. Ishiba was elected LDP leader -- and became the country's newest prime minister -- as Fumio Kishida opted not to vie for another term in Japan's top job.

Reserve Bank of India meeting

India's central bank is widely expected to hold its benchmark interest rate at 6.50% after its latest monetary policy meeting. Japanese brokerage Nomura, however, expects a "surprise" 25-basis point cut. The meeting comes days after the government shuffled the bank's six-member rate-setting panel by appointing three new external members.

Taiwan's MediaTek unveils latest AI chipset

THURSDAY

Taiwan marks National Day

Taiwan celebrates its National Day, with new President Lai Ching-te due to mark the occasion with a speech. Tensions with China are running high and his remarks are sure to be closely watched, especially in Beijing.

7-Eleven owner post earnings

Japan's 7-Eleven owner, Seven & i Holdings, posts second-quarter earnings for the fiscal year ending in February 2025. The convenience store operator faces a takeover bid from Canada's Alimentation Couche-Tard.

Earnings: Fast Retailing

FRIDAY

Monetary Policy: South Korea

SUNDAY

Macao holds one-candidate election

Gambling hub Macao holds a leadership election with just one candidate, former top court president Sam Hou-fai. Only the roughly 400 pro-Beijing members of an election committee are allowed to vote. Sam recently described development of the casino industry, which powers Macao's economy, as "disorderly" and "barbaric."

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